Penalties for violations

  1. Law
  2. USC 12
  3. Banks And Banking
  4. SECURITY MEASURES FOR BANKS AND SAVINGS ASSOCIATIONS
  5. Penalties for violations

Checkout our iOS App for a better way to browser and research.

§1884. Penalties for violations

A bank or savings association which violates a rule promulgated pursuant to this chapter shall be subject to a civil penalty which shall not exceed $100 for each day of the violation.

( Pub. L. 90–389, §5, July 7, 1968, 82 Stat. 295 ; Pub. L. 111–203, title III, §356(3), July 21, 2010, 124 Stat. 1547 .)

Amendments

2010-Pub. L. 111–203 struck out "and loan" after "savings".

Effective Date of 2010 Amendment

Amendment by Pub. L. 111–203 effective on the transfer date, see section 351 of Pub. L. 111–203, set out as a note under section 906 of Title 2, The Congress.


Download our app to see the most-to-date content.